Treasury Accountant

Baker Charles; City Of London; Hybrid; GBP 65,000 - 70,000; Full time

Benefits offered by this job

Benefits pro rata

Job summary

Baker Charles is seeking a Treasury Accountant for a 12-month fixed-term contract in Central London, offering £65,000 - £70,000 plus benefits pro rata.

The role covers treasury accounting, intercompany activity, derivative valuations, hedge accounting, reconciliations and controls, with involvement in treasury system implementation and process automation.

Qualifications

• Qualified accountant with treasury accounting experience in a complex organisation.
• Strong knowledge of treasury accounting including FX and derivative transactions, intercompany accounting, and month-end journals.
• IFRS 9 hedge accounting experience and related documentation is desirable.

Responsibilities

• Prepare and post treasury journals, including funding movements, interest accruals and settlements.
• Perform month-end mark-to-market calculations for FX transactions and reconcile derivative valuations to the GL.
• Maintain treasury balance sheet reconciliations and support Group reporting and audit.
• Conduct intercompany netting and resolve intercompany differences.
• Prepare IFRS 9 hedge accounting entries and maintain hedge documentation and assessments.
• Coordinate interest rate swap valuations and reconcile against counterparty valuations and records.
• Support the implementation and testing of a Treasury Management System and GL interfaces.
• Improve and automate treasury accounting processes, reconciliations and controls.
• Investigate and resolve accounting, settlement and reconciliation issues.
• Collaborate with Treasury, Group Finance, Tax and local Finance teams internationally.

Skills

Treasury accounting

Intercompany accounting

FX and derivative accounting

Month-end journals

Hedge accounting

Excel

Education

Qualified accountant

Tools

Treasury Management System

Finastra

Job description

Treasury Accountant

12 Month Fixed-Term Contract

Central London Hybrid

£65,000 - £70,000 + benefits pro rata

A large international business is recruiting a Treasury Accountant to join its Group Treasury team on a 12-month fixed-term contract.

This is a hands-on role covering treasury accounting, intercompany activity, derivative valuations, hedge accounting, reconciliations and controls. The role will also support the implementation of a Treasury Management System and the continued automation and improvement of treasury processes.

Key responsibilities include:

• Prepare and post treasury journals, including funding movements, interest accruals and settlements
• Perform month-end mark-to-market calculations for FX transactions and reconcile derivative valuations to the general ledger
• Maintain treasury balance sheet reconciliations and support Group reporting and audit
• Perform monthly intercompany netting and support the resolution of intercompany differences
• Prepare IFRS 9 hedge accounting entries and maintain hedge documentation and effectiveness assessments
• Coordinate interest rate swap valuations and reconcile against counterparty valuations and accounting records
• Support the implementation and testing of a Treasury Management System, including accounting functionality and general ledger interfaces
• Improve and automate treasury accounting processes, reconciliations and controls
• Investigate and resolve accounting, settlement and reconciliation issues
• Work closely with Treasury, Group Finance, Tax and local Finance teams internationally

The successful candidate will be a qualified accountant with relevant treasury accounting experience gained within a complex organisation. You will have strong knowledge of treasury accounting, including FX and derivative transactions, intercompany accounting, interest calculations and month-end journals.

Practical experience of IFRS 9 hedge accounting, including derivative accounting, hedge documentation and effectiveness assessment, will be important. You will also have strong Excel, analytical, reconciliation and financial control skills.

Experience with Finastra or another Treasury Management System would be advantageous, as would previous involvement in a Treasury or finance systems implementation.

The role will suit someone comfortable working hands-on with journals, reconciliations and month-end accounting while also having the technical knowledge to deal with derivatives, FX and hedge accounting. You will be organised, accurate and able to work autonomously to tight deadlines.

This is an excellent opportunity to join a large international business in a broad Treasury Accounting role combining BAU accounting, technical work, process improvement and systems implementation.